Robert Philips
Robert Philips
fear market response seeing
The market has been oversold with all the fear. So partly, you're seeing a response to that,
bottom corporate economic expected good half hanging maybe people reaction recovery second sick threat unsettled war worries
You've got the whole unsettled war threat hanging over us, a slew of corporate malfeasance, and worries that economic recovery won't be as good as expected in the second half of the year. But people are getting sick of this, which is the kind of reaction you have when a bottom is being set. So maybe that's one positive.
biggest hindrance oil parcel pessimism remain underlying
The underlying fundamentals remain decent, but the pessimism is getting higher. The biggest hindrance right now is oil prices, part and parcel with Iraq.